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ACCC wins power to compel information from Google, Facebook
The Federal Government has blessed the ACCC's request for an extended public inquiry into Google and Facebook as well as a separate probe into the tech giants' advertising practices, arming the regulator with the power to collect information on the companies' advertising and search algorithms.
Bunnings’ deal with Adelaide Tools under scrutiny by ACCC
The ACCC has raised concerns that the proposed tie-up of hardware store giant Bunnings Warehouse and family-owned Adelaide Tools and Oaklands Mower Centre will stifle competition.
Judge clears $15B Vodafone, TPG deal in latest merger challenge loss for ACCC
Vodafone has won its case against the ACCC over its proposed merger with rival telecommunications company TPG, with a judge ruling the tie-up would not substantially lessen competition and had a real chance of becoming a "competitive force" against the two dominant players in the market, Telstra and Optus.
ACCC officer denies anything ‘sinister’ in examination of ANZ cartel witness
During another day of cross-examination in a criminal cartel case against ANZ and two investment banks, a key ACCC officer was accused of lying about his interrogation of a key cartel witness, with the officer insisting there was nothing "sinister" in his examination.
ACCC flags concerns over $120M merger of mortgage aggregators AFG, Connective
Australian Finance Group's proposed acquistion of rival Connective Group has raised red flags for the competition regulator, which says the tie-up would create Australia's largest mortgage aggregator and could squeeze smaller players out.
AMP to face class action over sale of ‘inflated’ insurance policies
AMP will face a class action alleging its financial representatives pushed AMP inflated insurance policies onto 100,000 customers despite knowing that better policies could be found through other providers.
VW appeals record $125M penalty over ‘dieselgate’ scandal
Volkswagen has appealed a record $125 million penalty handed down over its emissions cheating scandal by a judge who criticised a $75 million settlement agreement with the Australian Competition and Consumer Commission as "manifestly inadequate".
‘You’re lying’: ANZ attacks ACCC witness on crucial cartel evidence
An ACCC investigator has come under fire from ANZ as the bank seeks to shoot holes in the criminal cartel action against it, with counsel for the bank accusing the regulator of "infecting" witness statements and erasing testimony that weakened its case.
ACCC investigator shoots down claims of impropriety in ANZ cartel case
A key officer from the ACCC involved in interviewing JPMorgan bankers during a cartel investigation that led to criminal charges against ANZ and two investment banks has denied allegations that he acted improperly during the investigation.
ACCC slammed for ‘opaque’ demands in misuse of market power case against TasPorts
A lawyer for Tasmanian state government owned ports company TasPorts has criticised the ACCC's first-of-its kind case that alleges it is misusing its market power to stymie competition, saying it isn't clear what the regulator wants the court to do.